The road to escape the bearish correction for AUDJPY

FX:AUDJPY   Australian Dollar / Japanese Yen
120 0 4
On the daily chart for AUDJPY             pair, we can see the strength of 61.8% fibonacci level that stopped the bearish correction that was started from 105.42 area, and the main bullish trend line continues to carry the the uptrend very well.

Now, a Double Bottom formation is on the way to be completed, with neckline located at 95.65, so, breaching above this line followed by a daily close above it will provide good chance to add more longs that target the mentioned high around 105.42

Short term Trades' risk is below 89.25
Medium term Trades' risk is below 86.25
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out